126-134 Edwards Avenue, Sausalito, CA 94965, Sausalito, 94965 - 4 bed, 4 bath
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Sausalito, CA 94965
This Sausalito Quadruplex is a sophisticated Residential Income Asset listed at $2,500,000, reflecting a stable valuation aligned with its $2,472,938 Fair Market Value. The property features panoramic San Francisco Bay views and a Condition Rating of 3, with modernized interiors, updated kitchens, and private decks across two distinct buildings. With three units currently vacant and four rare off-street parking spaces, the asset is primed for immediate rental income at current market rates. This is an exceptional opportunity for Buy-and-Hold Investors or Owner-Occupants looking to combine a world-class location with a high-performing investment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 126-134 Edwards Avenue Subject | $2,500,000* List Price | 4 | 4 | 2,380 | $1,039 | - |
A 158 Edwards Avenue Active | $2,750,000 List Price | 0 | 0 | 2,716 | $1,013 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1946, the property has undergone significant updates. The kitchens and bathrooms are modernized with newer appliances and cabinetry, and the interiors feature contemporary flooring and fresh paint. The structures and decks appear well-maintained and move-in ready, fitting the criteria for a 5-15 year renovation profile.
Situated in highly desirable Sausalito with stunning bay views and close proximity to San Francisco, ensuring high tenant demand and long-term appreciation.
With three units currently vacant, investors can immediately set market-rate rents without the constraints of existing long-term leases, maximizing initial ROI.
Features updated kitchens and baths, private decks, and four rare off-street parking spaces, providing a significant competitive edge in the local rental market.
Financial metrics like CAP rate and GRM are based on pro-forma projections rather than actual historical data, requiring careful due diligence on realistic market rents.
Originally built in 1946, the property may require significant capital expenditure for structural or system upgrades common in older coastal hillside buildings.
**Investor alert!** This rare gem in Sausalito offers the perfect blend of lifestyle and lucrative potential. Just minutes from San Francisco, this property boasts stunning bay views that set the scene for both relaxation and inspiration. Whether you're sipping your morning coffee on the private deck or enjoying Sausalito's vibrant shopping, dining, and nightlife, it's the quintessential Bay Area experience. Designed for versatility, the residence is ideal for owner-occupiers seeking additional rental income and investors looking to maximize ROI. Two structures, each with one bedroom homes, feature views of the bay, private decks, big windows, updated kitchens and baths, and tons of natural light. At least four outdoor uncovered parking spaces means each unit can be offered with parking. Laundry room onsite in each building. Well-appointed spaces, ensure tenant appeal and strong rental demand in this coveted location. With its unbeatable proximity to San Francisco and the serene charm of Sausalito, this property promises not just a home, but an exceptional investment opportunity. CAP RATE, GRM AND INCOME CALCULATIONS ARE PRO FORMA. Excellent Gross Potential Rent with 3 vacant units! This property incudes two tax identification numbers. Don't miss your chance to own a place in paradise with the potential to pay for itself.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 6.0 | 33% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,380 | 3,000 | 33% |
| Lot Size | 6,329 | 6,098 | 67% |
| Price | $2.50M | $2.50M | 50% |
| Price per sq ft | $1.1K | $891 | 67% |
| Built year | 1946 | 1960 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 247 | 33% |
Feb 27, 2026
$2,500,000
Initial Listing
Feb 1, 2013
$1,400,000
Public Record